But with great amounts of stuff comes great opportunity. It all has to go somewhere, and that’s where you come in with your junk hauling service.
Sure, there are competitors in this space already, but here a few reasons I like it:
- Low Start-Up Costs. You can get a cheap pick-up or rent a moving van.
- Potential Multiple Income Streams. People pay you to take their stuff away, and if it’s worth anything, you can sell it on craigslist or ebay. Now how many businesses can you think of with a negative cost-of-goods-sold? Alternatively, you can turn around and donate it to Goodwill and take the write-off.
- Easy to Expand. Expanding into new territories is as easy as getting another truck and driver, and expanding into other verticals like moving or delivery services is as easy as saying you’re a moving/delivery company too.
Junk removal can be a boring business, so you have to find ways to make it fun and exciting.
For marketing, you could make videos about the biggest/smallest/weirdest/most worthless stuff people asked you to haul. Maybe your drivers wear crazy JunkBusters uniforms a la Ghostbusters.
- One downside is many customers will view this as a commodity service, so it might be tough to avoid price wars with competitors. Build a recognizable and desirable brand and you’ll be golden.
- With junk hauling, most customers will be one-time clients. If you can master customer-acquisition/sales and potentially find some repeat business on the side, I think it can still work.
One man’s trinket is another man’s treasure, and there’s definitely no shortage of trinkets. Time to back up the truck and make some money!